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MATERIAL LITIGATION KHIND HOLDINGS BERHAD ("THE COMPANY" OR "KHIND") - LEGAL SUIT FILED BY KHIND ELECTRICAL (MALAYSIA) SDN BHD ("KEMSB"), A WHOLLY-OWNED SUBSIDIARY OF KHIND AGAINST MAHA TENAGA JAYA TECHNOLOGY SDN BHD ("MTJTSB")

KHIND HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
KHIND HOLDINGS BERHAD ("THE COMPANY" OR "KHIND") 
- LEGAL SUIT FILED BY KHIND ELECTRICAL (MALAYSIA) SDN BHD ("KEMSB"), A WHOLLY-OWNED SUBSIDIARY OF KHIND AGAINST MAHA TENAGA JAYA TECHNOLOGY SDN BHD ("MTJTSB")

(All abbreviations used in this announcement shall have the same meanings as defined in the announcements made on the dates below, unless otherwise stated or defined herein)

 

Further to the announcements made on 15 July 2015, 23 July 2015, 18 August 2015, 25 November 2015, 20 May 2016, 24 August 2016, 24 November 2016, 29 November 2016, 22 December 2016, 25 January 2017, 22 February 2017, 16 March 2017, 31 March 2017, 5 April 2017, 20 July 2017, 24 August 2017, 14 September 2017, 11 October 2017, 30 October 2017, 22 November 2017, 30 November 2017, 22 December 2017, 12 January 2018, 19 January 2018, 7 March 2018, 27 March 2018, 11 April 2018, 21 June 2018, 30 July 2018, 9 August 2018, 4 September 2018, 25 September 2018, 23 November 2018, 9 January 2019, 30 January 2019 and 28 February 2019, the Board of Directors wishes to inform that KEMSB has updated the Court that the Bankruptcy Notice dated 11 January 2019 has been successfully served to the Fifth Defendant ("Judgment Debtor") on 4 April 2019 and the act of bankruptcy was deemed committed on 12 March 2019 as there was no payment made by the Judgment Debtor after 7 days from the delivery of Bankruptcy Notice. 

 

The next Case Management has been fixed on 14 October 2019.   






Announcement Info

Company Name KHIND HOLDINGS BERHAD
Stock Name KHIND
Date Announced 16 Apr 2019
Category General Announcement for PLC
Reference Number GA1-16042019-00027




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